Bankers, mortgage lenders and real estate brokerage firms are expected to win some relief soon from a provision of the qualified mortgage (QM) rule that restricts fees paid to affiliates.
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Colony American Homes said it priced its second securitization of single-family rental homes with a duration-weighted blended interest rate of LIBOR plus 164 basis points.
June 19 -
Guggenheim Securities has hired former Deustche Bank ester ABS pro, Matt Bissonette, as a managing director in the Fixed Income Division, according to a company press release.
June 19 -
American Railcar Leasing and Container Leasing International priced $616 million of securities backed by esoteric assets, according to an Interactive Data report.
June 19 -
Several newer managers are in the market with CLOs this week.
June 19 -
Italian-based consumer credit company, Consel S.p.A plans to issue a 372 million consumer loan securitization dubbed Monviso 2014 s.r.l.
June 19
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Bank of America Merrill Lynch has launched a £210 million CMBS, Taurus UK 2014-1 that securitizes its loan to private equity firm Apollo EPF II Partnership.
June 19 -
Although the concept of using eminent domain as a tool to address the continuing widespread issue of underwater mortgages is facing serious headwinds as a result of the above factors, the concept is not dead.
June 19 -
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Consumer Portfolio Services has priced its second subprime auto-loan securitization this year, according to a press release.
June 18 -
Deutsche Bank has hired Dan Voloshin as a director in CMBS trading, said a person familiar with the move.
June 18 -
Fitch Ratings is questioning the ratings assigned to the securitization of a single commercial mortgage secured by five Kyo-Ya hotel properties.
June 18 -
The deal, BAMLL 2014-IP, issued the $315 million class A, triple-A rated notes at a swaps plus 60 basis points, according to a person familiar with the deal.
June 18
